Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on invested capital (ROIC) high or low?
The return on invested capital (ROIC) of 4.25% is in line with its 5-year average of 4.25%, around the middle of its 5-year range (3.80%–4.52%).
As of the fiscal period ended Wednesday, December 31, 2025. 3.08% below its 12-month average of 4.38%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
4.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.38%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.33%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
4.20%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
4.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.27%
CURRENT VS TTM AVG
-3.08%
CURRENT VS 3Y AVG
-1.79%
CURRENT VS 5Y AVG
-0.04%
CURRENT VS 10Y AVG
+1.19%
CURRENT VS 15Y AVG
-1.06%
CURRENT VS 20Y AVG
-0.42%
SECTOR MEDIAN · UTILITIES
4.01%
median of 45 covered companies
CURRENT VS SECTOR MEDIAN
+5.99%
vs the sector median at left
Evergy, Inc.
Market Cap
$19.22B
Return on Invested Capital (ROIC)
4.25%
TTM Avg
4.38%
3Y Avg
4.33%
5Y Avg
4.25%
Market Cap
$20.43B
Return on Invested Capital (ROIC)
4.51%
TTM Avg
4.33%
3Y Avg
4.19%
5Y Avg
3.63%
Market Cap
$17.92B
Return on Invested Capital (ROIC)
4.12%
TTM Avg
4.10%
3Y Avg
4.40%
5Y Avg
4.42%
Market Cap
$22.27B
Return on Invested Capital (ROIC)
3.67%
TTM Avg
3.70%
3Y Avg
3.60%
5Y Avg
3.68%
Market Cap
$15.78B
Return on Invested Capital (ROIC)
0.16%
TTM Avg
1.41%
3Y Avg
1.25%
5Y Avg
0.09%
Market Cap
$24.92B
Return on Invested Capital (ROIC)
7.00%
TTM Avg
9.29%
3Y Avg
7.44%
5Y Avg
8.68%
Market Cap
$12.24B
Return on Invested Capital (ROIC)
3.18%
TTM Avg
3.33%
3Y Avg
3.18%
5Y Avg
3.28%
Market Cap
$26.40B
Return on Invested Capital (ROIC)
6.26%
TTM Avg
4.93%
3Y Avg
3.77%
5Y Avg
3.19%
Market Cap
$26.69B
Return on Invested Capital (ROIC)
4.06%
TTM Avg
3.82%
3Y Avg
3.55%
5Y Avg
2.90%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Evergy, Inc. (EVRG) | $19.22B | 4.25% | 4.38% | 4.33% | 4.25% |
| NiSource Inc (NI)vs › | $20.43B | 4.51% | 4.33% | 4.19% | 3.63% |
| Alliant Energy Corporation (LNT)vs › | $17.92B | 4.12% | 4.10% | 4.40% | 4.42% |
| CMS Energy Corporation (CMS)vs › | $22.27B | 3.67% | 3.70% | 3.60% | 3.68% |
| Talen Energy Corporation (TLN)vs › | $15.78B | 0.16% | 1.41% | 1.25% | 0.09% |
| NRG Energy, Inc. (NRG)vs › | $24.92B | 7.00% | 9.29% | 7.44% | 8.68% |
| Pinnacle West Capital Corporation (PNW)vs › | $12.24B | 3.18% | 3.33% | 3.18% | 3.28% |
| Edison International (EIX)vs › | $26.40B | 6.26% | 4.93% | 3.77% | 3.19% |
| PPL Corporation (PPL)vs › | $26.69B | 4.06% | 3.82% | 3.55% | 2.90% |
| CenterPoint Energy, Inc. (CNP)vs › | $26.80B | 3.96% | 4.05% | 3.86% | 3.63% |
ROIC
4.3%
ROE
25.9%
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 4.25% |
| 2024-12-31 | 4.52% |
| 2023-12-31 | 4.17% |
| 2022-12-31 | 4.37% |
| 2021-12-31 | 4.40% |
| 2020-12-31 | 3.80% |
| 2019-12-31 | 4.18% |
| 2018-12-31 | 3.97% |
| 2017-12-31 | 4.29% |
| 2016-12-31 | 4.18% |
| 2015-12-31 | 4.07% |
| 2014-12-31 | 4.43% |
| 2013-12-31 | 4.53% |
| 2012-12-31 | 4.42% |
| 2011-12-31 | 4.20% |
| 2010-12-31 | 4.45% |
| 2009-12-31 | 3.54% |
| 2008-12-31 | 4.04% |
| 2007-12-31 | 4.20% |
| 2006-12-31 | 4.62% |
| 2005-12-31 | 5.13% |
| 2004-12-31 | 4.68% |
| 2003-12-31 | 6.38% |
| 2002-12-31 | -1.85% |
| 2001-12-31 | 0.35% |
| 2000-12-31 | 2.13% |
| 1999-12-31 | -0.08% |
| 1998-12-31 | 2.37% |
| 1997-12-31 | 8.85% |
| 1996-12-31 | 4.10% |
